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Toho Co. Announces Treasury Share Disposition for Executive Incentives

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Toho Co. Announces Treasury Share Disposition for Executive Incentives

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Toho Co ( (JP:9602) ) just unveiled an update.

Toho Co., Ltd. has announced a resolution to dispose of 15,603 treasury shares as restricted share remuneration for its directors and executive officers. This move is part of a plan to incentivize medium-to-long-term growth in corporate value and shareholder value, with a negligible dilution rate of 0.01%, reflecting the company’s strategic focus on aligning management interests with those of shareholders.

The most recent analyst rating on (JP:9602) stock is a Hold with a Yen7600.00 price target. To see the full list of analyst forecasts on Toho Co stock, see the JP:9602 Stock Forecast page.

More about Toho Co

Toho Co., Ltd. operates in the entertainment industry, primarily focusing on film production, distribution, and exhibition. The company is a prominent player in the Japanese market, known for its significant contributions to the film and theater sectors.

Average Trading Volume: 617,540

Technical Sentiment Signal: Buy

Current Market Cap: Yen1300.5B

For a thorough assessment of 9602 stock, go to TipRanks’ Stock Analysis page.

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